First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Shares Down 2.3% – Here’s Why

Posted by Danessa Lincoln on Nov 6th, 2026

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA – Get Free Report) shares traded down 2.3% on Thursday. The stock traded as low as $66.91 and last traded at $66.9310. 3,625 shares traded hands during trading, a decline of 57% from the average session volume of 8,348 shares. The stock had previously closed at $68.52.

First Trust NASDAQ ABA Community Bank Index Fund Stock Performance

The company has a market cap of $87.01 million, a PE ratio of 13.59 and a beta of 0.78. The company’s 50-day simple moving average is $66.18 and its 200 day simple moving average is $63.94.

First Trust NASDAQ ABA Community Bank Index Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a dividend of $0.3585 per share. This is an increase from First Trust NASDAQ ABA Community Bank Index Fund’s previous quarterly dividend of $0.3497. This represents a $1.43 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, September 24th.

Institutional Trading of First Trust NASDAQ ABA Community Bank Index Fund

Several hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC purchased a new position in First Trust NASDAQ ABA Community Bank Index Fund in the third quarter valued at $29,000. Commonwealth Equity Services LLC purchased a new stake in First Trust NASDAQ ABA Community Bank Index Fund during the 3rd quarter worth about $327,000. Envestnet Asset Management Inc. purchased a new stake in First Trust NASDAQ ABA Community Bank Index Fund during the 2nd quarter worth about $303,000. Integrated Wealth Concepts LLC purchased a new stake in First Trust NASDAQ ABA Community Bank Index Fund during the 2nd quarter worth about $34,000. Finally, Waverly Advisors LLC acquired a new stake in First Trust NASDAQ ABA Community Bank Index Fund in the 1st quarter valued at about $204,000.

First Trust NASDAQ ABA Community Bank Index Fund Company Profile

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The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.